£106,164
This estimated value is based upon the latest sale price for the house of £55,500 on 4 Oct 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £55,500 | 4 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 823 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in October 2004 the House Price Index for LEICESTER was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £55,500 results in an estimated price of approximately £106,164.
| 4 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £55,500 | £50,664 | £106,164 |
The Postcode Pricing Model uses changes in average sales price within the LE2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 81.505 % | £45,235 | £100,735 |
| 3 Month Average | 71.891 % | £39,899 | £95,399 |
| 6 Month Average | 83.633 % | £46,416 | £101,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 27 WOKINGHAM AVENUE |
| 10 Nov 2023 | £80,032 | £78,000 | 152 MONMOUTH DRIVE |
| 6 Oct 2023 | £173,951 | £170,000 | 49 MONMOUTH DRIVE |
| 2 Oct 2023 | £194,416 | £190,000 | 3 EDEN WAY |
| 22 Aug 2023 | £193,490 | £190,000 | 118 MONMOUTH DRIVE |
This house has a floor area of 76 sq meters or 823 sq feet when measured on 23 Jan 2012. Using an estimated price of £106,164 means this house is valued at £1,387 per sq meter (£128 per sq foot).
The average size of a house on QUEENS PARK WAY is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Queens Park Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tilford Crescent |
| Oct 2024 | Other theft | Under investigation | On or near Tilford Crescent |